Bitcoin Developer's Proposal to Stop 'Spam' NFTs Gets Shut Down
Luke Dashjr's technical proposal sounded innocuous enough: to make the popular Bitcoin Core software "effective with newer datacarrying styles." In reality, the effort represented a sophisticated but controversial plan to block the suddenly popular…
Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13
Crypto analyst Dark Defender has provided insight into how the XRP price could rise to $13. The analyst also suggested that the crypto token’s price could end up being way above that when other factors are considered. How XRP Will Rise To $13 In a…
Defi Can Strengthen the United States’ Leadership in Tech and Financial Services, CFTC Report Says
Decentralized finance projects and their respective ecosystems potentially offer both promising opportunities and risks to the U.S. financial system, a Commodities Futures Trading Commission (CFTC) study has found. The CFTC study report recommends…
Bitcoin ETFs Could See Up to $100B in Inflows If SEC Approves: Standard Chartered
Analysts from Standard Chartered, Galaxy and Corestone predict that a spot bitcoin ETF could see over $1 billion in inflows over just the first quarter.
These Altcoins Are Showing Most Bullish & Bearish Divergences: Santiment
The analytics firm Santiment has revealed the list of altcoins that are showing the greatest bullish and bearish divergences currently. RSI Reveals These Altcoins To Contain The Most Extreme Values Right Now In a new post on X, Santiment has…
Building a Super App for Chain-Agnostic Execution – Omar Zaki, Founder of Composable and Picasso
Composable and Picasso are the team leading the extension of IBC to all ecosystems in order to bring to life secure and chain-agnostic interoperability for users and builders. Picasso currently powers cross-ecosystem IBC across Polkadot, Kusama…
Jevons Paradox: What It Actually Means For Bitcoin
From an economic standpoint, Jevon’s Paradox is arguably the foundation of the scaling road we have started walking down for Bitcoin. Pushing things off-chain is attempting to make the use of the scarce resource that blockspace is much more…
New York's Crypto BitLicense Oversight Criticized by State's Comptroller
The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life Preserver for Bitcoin Miners
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin…
Cardano’s 2024 Rollercoaster: Price Plunges 18% Despite 250% Surge In Development Activity
Cardano (ADA) closed out 2023 with a rollercoaster ride, soaring towards $0.70 before plummeting back to $0.52 by the new year. While this sharp correction was anticipated, concerns linger about an ongoing bearish sentiment despite room for growth…
Global Mega Bank Standard Chartered Releases Bullish Forecast For Spot Bitcoin ETFs
Standard Chartered Bank is the latest to give its predictions on the impact Spot Bitcoin ETFs could have on Bitcoin’s price in the long term. The bank took a bullish stance as they predicted that BTC could rise to unprecedented heights by the end…
New Scientist’s Bitcoin Ban Article Sparks Backlash: Experts Slam ‘Bad Science’ and Bias
On Jan. 8, 2024, a New Scientist article sparked debate by questioning whether nations ought to consider banning bitcoin due to its environmental footprint. The editorial has drawn significant criticism from numerous bitcoin supporters…
Filecoin: Rocky Start Hits Protocol With Slow New Year Progress – Here’s Why
Although the broader market is experiencing a strong start this year, Filecoin has opened the year at a snail’s pace. According to Coingecko, the token is up over 4% in the past 24 hours. However, the week started with FIL bleeding nearly 27%. …
What is the dollar amount where the Banking Cartel starts asking tough questions like “Who’s holding the bag?” and ” Who’s holding our coins?” As we are near the approval of the ETF, I can’t help but wonder to myself “Who’s carrying the
Honduran City of Prospera Adopts Bitcoin as Unit of Account
The city of Prospera in Honduras has recently adopted bitcoin as a unit of account, allowing companies to pay taxes and determine obligations in bitcoin. The measure could incentivize the development of a circular economy, given that bitcoin has…
Bitcoin Enters Uncharted Territory with First Ever Golden Cross
As we step into 2024, Bitcoin opens the year with a remarkable price of $47,000, signaling a potential shift in the market dynamics. This new year brings with it a historic moment for Bitcoin – its first-ever ‘Golden Cross’ involving…
First Mover Americas: Bitcoin Holds Above $46K Amid ETF Anticipation
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
XRP Price Could Hit $220 With Gamma-Ray Burst: Crypto Analyst
Egrag Crypto, a crypto analyst on X, has released a technical analysis that suggests a potential surge in the price of XRP to as high as $220, drawing a vivid parallel to the astronomical event known as a Gamma-Ray Burst (GRB). In financial…
Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the next quarter, this purchase represents approximately 12 exahash per second (EH/s) of…
Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?
Counter-trading CNBC’s Jim Cramer has gone from being a meme to something that Bitcoin investors have begun to take seriously. As the inverse of what Cramer says has usually been the case, taking a stand in the opposite direction has proved…
Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for…
Maker Takes The Spotlight With 34% Gain – Can MKR Hold This Position?
Maker is making waves as it enters Coingecko’s top gainers list this week with massive bullish pressure on the market. MKR is up nearly 34% in the bi-weekly timeframe, but long-term investors are enjoying bigger rewards as the token is up 205%…
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